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York Road, Acomb, York, North Yorkshire, YO24

Yorkshire

£695,000
Listed on 21/10/2025

Property Details

Bedrooms
8
Type
Semi-detached house
Area
2257 sqft

Description

This Victorian end-of-terrace property presents a distinctive opportunity for renovation and investment, characterized by its spacious layout and potential for multiple uses. Currently configured as three self-contained apartments, the property comprises eight bedrooms and offers flexibility to be transformed into a large family residence, subject to obtaining the necessary planning permissions. Spread across three levels and featuring additional cellar space, this home benefits from a rear yard that includes a garage—an appealing aspect in urban settings. With an existing House in Multiple Occupation (HMO) license for eight bedrooms and potential for expansion to nine, the property stands out as an attractive prospect for those looking to generate rental income. Furthermore, the basement and outbuilding provide additional avenues for development or enhancement, making it particularly appealing for savvy investors. Located in Acomb, the property is well-positioned near a variety of local shops and essential amenities. Residents can easily access services such as medical facilities, banks, cafés, and grocery stores. The proximity to reputable primary schools further enhances its desirability for families. York itself is renowned for its vibrant cultural scene, with numerous shopping options, restaurants, theatres, and recreational spaces like West Bank Park and Hob Moor Nature Reserve—all within easy reach. The city’s mainline railway station offers quick connections to major cities such as London, Edinburgh, and Manchester. This property not only provides immediate versatility but also significant long-term investment potential in a thriving area known for its rich history and community spirit.

Investment Analysis

(YO24 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£308/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£845,608
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (YO24)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.3%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on YO24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

York Road, Acomb, York, North Yorkshire, YO24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,546
Based on a loan of £521,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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